Welcome to our dedicated page for NNN REIT SEC filings (Ticker: NNN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
NNN REIT, Inc. filings document the formal disclosure record for a Maryland real estate investment trust focused on long-term net-leased retail properties. Its 8-K reports furnish quarterly and annual operating results, supplemental data, portfolio metrics, dividends, capital actions, and other material events related to the company’s REIT operations.
The filing record also includes proxy materials covering board governance, director matters, executive compensation and shareholder voting items. Other disclosures address unsecured term loan agreements, borrowing capacity, interest-rate mechanics, restrictive and financial maintenance covenants, REIT federal income tax matters, dividend tax treatment, capital structure, exhibits, and interactive data filings.
NNN REIT, INC. director Edward J. Fritsch reported receiving a stock award of 833 shares of common stock on April 30, 2026. The award was valued at $43.52 per share and was granted under the NNN REIT 2017 Performance Incentive Plan.
After this equity grant, Fritsch directly owns 64,496 shares of NNN REIT common stock. This is a compensation-related acquisition classified as a grant or award, not an open-market purchase or sale.
NNN REIT director Elizabeth Gulacsy received an equity-based compensation award. On April 30, 2026, she acquired 1,049 shares of Common Stock at a reference price of $43.52 per share through a grant classified as a grant, award, or other acquisition.
According to the footnote, this reflects a deferral of compensation for Board and Committee services into stock units under a company plan, rather than an open-market purchase. Following the award, she directly holds 16,733 shares of NNN REIT common stock.
NNN REIT director Kamau Omari Witherspoon acquired additional equity-based compensation through a board fee deferral. On April 30, he received 1,391 shares of Common Stock-equivalent stock units at an indicated value of $43.52 per share, reflecting the deferral and conversion of compensation for Board and Committee services. Following this award, he directly holds 22,696 shares or share-equivalent units.
NNN REIT Inc Schedule 13G reports that Vanguard Capital Management beneficially owned 10,047,239 shares of Common Stock, representing 5.28% of the class as of 03/31/2026. The filing lists a sole power to vote on 1,573,330 shares and sole dispositive power over 10,047,239 shares.
The filing states these holdings reflect securities managed by Vanguard Capital Management LLC and affiliated business divisions, including holdings for Vanguard funds and client accounts. The form is signed by Ashley Grim, Head of Global Fund Administration, dated 04/30/2026.
NNN REIT, Inc. reported a steady quarter for the period ended March 31, 2026. Total revenues were $240.4 million, up from $230.9 million a year earlier, driven mainly by higher rental income of $240.0 million. Net earnings were $94.0 million, slightly below $96.5 million in the prior-year quarter, as interest expense and real estate impairment charges increased.
The company’s property portfolio grew to 3,711 properties across all 50 states, with about 39.6 million square feet of gross leasable area and 98.6% of properties leased. NNN acquired 41 properties for $145.4 million and sold 25 properties for net proceeds of $35.8 million, recognizing a gain on disposition of $12.2 million.
Total assets were $9.4 billion and total debt was about $4.85 billion, including a new $300 million term loan and $80 million outstanding on the $1.2 billion credit facility, leaving $1.12 billion available. The portfolio generated Annualized Base Rent of $934.6 million with a weighted average remaining lease term of 10.1 years. NNN paid a quarterly dividend of $0.60 per share and continued to access equity through its DRIP and at-the-market programs.
NNN REIT, Inc. reported first quarter 2026 revenue of $240.4 million and net earnings of $93.9 million, or $0.50 per diluted share. Funds from operations were $0.86 per share, and adjusted funds from operations were $0.87 per share, matching the prior-year quarter.
The portfolio remained strong with 98.6% occupancy, 3,711 properties and a 10.1-year weighted average lease term. During the quarter the company invested $145.4 million in 41 properties at a 7.5% initial cash cap rate and sold 25 properties for $35.8 million. NNN fully drew its $300 million term loan, hedged at a fixed rate of 4.10%, and ended the quarter with $1.2 billion of total liquidity. The quarterly dividend was $0.60 per share, a 69% AFFO payout ratio, and 2026 guidance for AFFO per share was raised to $3.53–$3.59 with Core FFO per share updated to $3.48–$3.54.
NNN REIT Inc Schedule 13G shows Vanguard Portfolio Management reported beneficial ownership of 16,631,810 shares of Common Stock as of 03/31/2026. The filing states this holding represents 8.74% of the class and that Vanguard Portfolio Management has sole dispositive power over those shares.
The filing also reports sole voting power of 23,029 shares and notes ownership on behalf of various Vanguard affiliates and managed accounts.
NNN REIT Inc: an amended Schedule 13G reports that The Vanguard Group holds 0 shares and 0% of NNN REIT Inc common stock. The filing explains an internal realignment effective January 12, 2026 that disaggregated certain Vanguard subsidiaries' holdings for separate reporting. The amendment is signed by Ashley Grim on 03/27/2026.
NNN REIT, Inc. is asking stockholders to vote at its May 12, 2026 annual meeting on three items: electing seven directors for terms ending at the 2027 meeting, a non-binding advisory vote on executive compensation, and ratifying the independent public accounting firm for 2026.
Stockholders of record on March 13, 2026, when 190,255,389 common shares were outstanding and 189,437,262 were entitled to vote, may participate. The board is largely independent, with six of seven nominees qualifying as independent, and emphasizes diversity, corporate governance and sustainability oversight.
For 2025, NNN REIT increased its annual dividend 3.1% to $2.36 per share, marking 36 consecutive years of dividend growth. Core FFO per share rose 2.7% to $3.41, and the company invested $931.0 million in acquisitions at a 7.4% initial cash yield while maintaining 98.3% portfolio occupancy.